Tiger's Payoffs: $80 Million to Elin, $1 Million to Rachel?

Tiger is in fevered negotiations with two key women in his life right now, according to numerous reports.

The Daily Beast reports that the golfer has offered wife of five years Elin an instant re-signing bonus of $5 million to keep her from walking out the door right now plus she stands to get another $55 million to stick around for just two more years!

Meanwhile, VIP hostess Rachel Uchitel abruptly cancelled her scheduled news conference yesterday, amid reports that she had received a phone call from Team Tiger and that an offer might be underway to buy her silence. If that happened, there could be new good reasons for Woods to want to keep Uchitel lips zipped.

RadarOnline.com reports that Rachel told friends that she and Tiger had sex while on Ambien, the sleep drug. Uchitel reportedly told a friend, “You know you have crazier sex on Ambien — you get into that Ambien haze. We have crazy Ambien sex.”

It’s already been revealed by TMZ.com that Bryon Bell, Tiger’s childhood friend and CEO of Tiger Woods Design, purchased Rachel’s plane ticket to Australia, flew with her there, and paid for her hotel room at the Crown Towers Hotel in Melbourne, where Tiger was also staying during the Australian Masters golf tournament. The website obtained copies of emails detailing the travel arrangements between Uchitel and Bell.

The big questions of the moment:

Will Elin settle for $80 million and be prepared to stay put as Mrs. Tiger Woods, even if it means putting up with future indiscretions? Do you think it would be worth it?